POWL
Powell Industries Inc
stock NASDAQ

Trades I took today as an option seller (09/22):
**Closed Positions**
No closed positions.
**New Positions**
* **GLW → $145 Put expiry 10/30 (5 weeks DTE), premium 6.40 → 640/14500 = \~4.41%.** Corning makes optical fiber and glass technologies used in networking. Stock has good support around the $143–$145 range.
* **VRT → $235 Put expiry 10/30 (5 weeks DTE), premium 11.75 → 1175/23500 = \~5.00%.** Vertiv provides power and cooling infrastructure for data centers. Support around $235.
* **KORU → $16 Put expiry 10/30 (5 weeks DTE), premium 1.00 → 100/1600 = \~6.25%.** Leveraged Korean semiconductor ETF position opened primarily to generate premium.
* **POWL → $170 Put expiry 11/20 (9 weeks DTE), premium 11.00 → 1100/17000 = \~6.47%.** Powell makes electrical equipment and systems for industries. Good support around $170.
* **SIMO → $290 Call expiry 11/20 (9 weeks DTE), premium 18.00 → 1800/29000 = \~6.21%.** I rolled this position from the initial contract expiring 12/18/26. I paid back $600 in premium to reduce the expiration by 30 days while keeping the $290 strike unchanged. Initially I had received $2400 in premiums so my net is at $1800.
GLW, VRT, POWL and SIMO were all identified from the High Growth Wheel condition in the ThetaHedge app. It helps to quickly identify companies with improving growth and profitability that are also offering attractive option-selling premiums in real time. You can try it for free at [https://app.thetahedge.io/](https://app.thetahedge.io/?utm_source=chatgpt.com)
**Conditions → High Growth Wheel Stocks**
I keep sharing my trades in my account and the Excel file to my full list of positions is linked in my profile description in case anyone wants to see the whole portfolio. Happy to hear thoughts on my positions. What are you guys wheeling or watching right now?
*PS: Not financial advice. Do your own research.*

Let's go POWL

Absolutely nailed buying the top on POWL